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Swiss April Manufacturing PMI 41.4 vs. 45.5 expected

Swiss April Manufacturing PMI 41.4 vs. 45.5 expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Spain April manufacturing PMI 52.2 vs 50.8 expected

Spain April manufacturing PMI 52.2 vs 50.8 expected

Prior 51.4That's a decent beat as Spanish manufacturing activity posts stronger growth in April. That's the third month in a row now that it holds above the 50.0 threshold. Of note, both output and new orders saw firm rises on the month. HCOB notes that:"Spain...

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What has changed after the FOMC decision?

Yesterday, the Fed left interest rates unchanged at 5.25-5.50% as expected but tweaked the statement to recognize "the lack of further progress toward the 2% inflation objective" and to signal the QT tapering on Treasuries from $60 billion to $25 billion beginning in...

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OECD upgrades global growth forecast on stronger US outlook

🌎 2024 global growth forecast 3.1% (previously 2.9%)🌎 2025 global growth forecast 3.2% (previously 3.0%)🇺🇸 2024 US growth forecast 2.6% (previously 2.1%)🇺🇸 2025 US growth forecast 1.8% (previously 1.7%)🇪🇺 2024 Eurozone growth forecast 0.7% (previously 0.6%)🇪🇺 2025...

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Switzerland April CPI +1.4% vs +1.1% y/y expected

Switzerland April CPI +1.4% vs +1.1% y/y expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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FX option expiries for 2 May 10am New York cut

FX option expiries for 2 May 10am New York cut

There are just a couple to take note of for the day, as highlighted in bold.And they are both for EUR/USD at 1.0700 and 1.0750 respectively. With traders now slowly turning their attention to the US jobs report tomorrow, the expiries should lend a hand to keep price...

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Japan April consumer confidence index 38.3 vs 39.5 prior

Japan April consumer confidence index 38.3 vs 39.5 prior

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Schrodinger’s yen – is it up 300 points or down 150?

Schrodinger’s yen – is it up 300 points or down 150?

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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